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Every major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.
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Woori Bank announced on August 20 that it concluded a package deal with an overseas financial institution for the trading and settlement of Korea Treasury Bonds, along with linked foreign exchange…
Surging long-term government bond yields in major economies have put pressure on South Korean stocks, with the KOSPI swinging sharply from a steep selloff to a strong rebound within a day. Rising U.S.
Dollar deposits at South Korea’s five major commercial banks have surged as the won strengthened into the high 1,300s per dollar, with households and companies increasing dollar holdings amid…
The government has raised Ksh 139 billion from securitization of the Road Maintenance Levy Fund. Road and Transport Cabinet Secretary Davis Chirchir said the funds will be used to clear certified…
